Summit America, LLC
Plan context: SUMMIT AMERICA, LLC 401(K) RETIREMENT PLAN
EIN 63-1213213 • Montgomery, AL • 14 filings • 3 plans
Current Snapshot
Latest Year
2011
2011 Participants
421
2011 Assets
$391,028
2011 Contributions
$14,163
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2011 | 2 | 421 | $0 | $14,163 | $34iApproximate average salary by contribution assumption: employee only about $841 at 4% or $561 at 6%; with 50% employer match about $561 at 4% or $374 at 6%; with 100% employer match about $421 at 4% or $280 at 6%. |
| SUMMIT AMERICA, LLC 401(K) RETIREMENT PLAN | - | 0 | $0 | $14,163 | - |
| Summit America Flexible Benefit Plan | - | 421 | - | - | - |
| 2010 | 2 | 430 | $391,028 | $446,906 | $1,039iApproximate average salary by contribution assumption: employee only about $25,983 at 4% or $17,322 at 6%; with 50% employer match about $17,322 at 4% or $11,548 at 6%; with 100% employer match about $12,991 at 4% or $8,661 at 6%. |
| SUMMIT AMERICA, LLC 401(K) RETIREMENT PLAN | - | 0 | $391,028 | $446,906 | - |
| Summit America Flexible Benefit Plan | - | 430 | - | - | - |
| 2009 | 2 | 510 | $2,823,946 | $740,693 | $1,452iApproximate average salary by contribution assumption: employee only about $36,308 at 4% or $24,206 at 6%; with 50% employer match about $24,206 at 4% or $16,137 at 6%; with 100% employer match about $18,154 at 4% or $12,103 at 6%. |
| SUMMIT AMERICA, LLC 401(K) RETIREMENT PLAN | - | 510 | $2,823,946 | $740,693 | $1,452iApproximate average salary by contribution assumption: employee only about $36,308 at 4% or $24,206 at 6%; with 50% employer match about $24,206 at 4% or $16,137 at 6%; with 100% employer match about $18,154 at 4% or $12,103 at 6%. |
| Summit America Flexible Benefit Plan | - | 435 | - | - | - |
| 2008 | 1 | 421 | $2,097,692 | $696,134 | $1,654iApproximate average salary by contribution assumption: employee only about $41,338 at 4% or $27,559 at 6%; with 50% employer match about $27,559 at 4% or $18,372 at 6%; with 100% employer match about $20,669 at 4% or $13,779 at 6%. |
| SUMMIT AMERICA, L.L.C. 401K RETIREMENT PLAN | - | 421 | $2,097,692 | $696,134 | $1,654iApproximate average salary by contribution assumption: employee only about $41,338 at 4% or $27,559 at 6%; with 50% employer match about $27,559 at 4% or $18,372 at 6%; with 100% employer match about $20,669 at 4% or $13,779 at 6%. |
| 2007 | 2 | 373 | $2,333,654 | $575,128 | $1,542iApproximate average salary by contribution assumption: employee only about $38,547 at 4% or $25,698 at 6%; with 50% employer match about $25,698 at 4% or $17,132 at 6%; with 100% employer match about $19,274 at 4% or $12,849 at 6%. |
| SUMMIT AMERICA, L.L.C. 401K RETIREMENT PLAN | - | 312 | $2,333,654 | $575,128 | $1,843iApproximate average salary by contribution assumption: employee only about $46,084 at 4% or $30,723 at 6%; with 50% employer match about $30,723 at 4% or $20,482 at 6%; with 100% employer match about $23,042 at 4% or $15,361 at 6%. |
| Summit America Flexible Benefit Plan | - | 373 | - | - | - |
| 2006 | 2 | 274 | $1,859,643 | $482,978 | $1,763iApproximate average salary by contribution assumption: employee only about $44,067 at 4% or $29,378 at 6%; with 50% employer match about $29,378 at 4% or $19,585 at 6%; with 100% employer match about $22,034 at 4% or $14,689 at 6%. |
| SUMMIT AMERICA, L.L.C. 401K RETIREMENT PLAN | - | 274 | $1,859,643 | $482,978 | $1,763iApproximate average salary by contribution assumption: employee only about $44,067 at 4% or $29,378 at 6%; with 50% employer match about $29,378 at 4% or $19,585 at 6%; with 100% employer match about $22,034 at 4% or $14,689 at 6%. |
| Summit America Flexible Benefit Plan | - | 209 | - | - | - |
| 2005 | 2 | 261 | $1,401,060 | $641,904 | $2,459iApproximate average salary by contribution assumption: employee only about $61,485 at 4% or $40,990 at 6%; with 50% employer match about $40,990 at 4% or $27,327 at 6%; with 100% employer match about $30,743 at 4% or $20,495 at 6%. |
| SUMMIT AMERICA, L.L.C. 401K RETIREMENT PLAN | - | 261 | $1,401,060 | $641,904 | $2,459iApproximate average salary by contribution assumption: employee only about $61,485 at 4% or $40,990 at 6%; with 50% employer match about $40,990 at 4% or $27,327 at 6%; with 100% employer match about $30,743 at 4% or $20,495 at 6%. |
| Summit America Flexible Benefit Plan | - | 260 | - | - | - |
| 2004 | 1 | 309 | $810,727 | $353,551 | $1,144iApproximate average salary by contribution assumption: employee only about $28,604 at 4% or $19,070 at 6%; with 50% employer match about $19,070 at 4% or $12,713 at 6%; with 100% employer match about $14,302 at 4% or $9,535 at 6%. |
| SUMMIT AMERICA, L.L.C. 401K RETIREMENT PLAN | - | 309 | $810,727 | $353,551 | $1,144iApproximate average salary by contribution assumption: employee only about $28,604 at 4% or $19,070 at 6%; with 50% employer match about $19,070 at 4% or $12,713 at 6%; with 100% employer match about $14,302 at 4% or $9,535 at 6%. |